Annual Tax Statements for FirstCare Members—Form 1095-B

Annual Tax Statements for FirstCare Members—Form 1095-B

Tuesday, February 2, 2016

Last month, we let you know that the IRS had extended the deadline for the ACA-required annual health care statements to March 31, 2016. Well, good news—as of Monday, February 1, FirstCare has begun sending these documents out to their intended recipients—well in advance of the March 31 deadline!

Your clients do not need to take any further action to obtain their Form 1095-B as all of our commercial and/or fully-funded FirstCare subscribers will receive one for 2015. Similar to a W-2 tax statement, employees will need to submit their 1095-B form as part of their annual tax filing.

NOTE: Your clients, and/or their employees, will still need to contact their payroll vendor to obtain their information regarding Form 1095-C—These statements are due to the IRS by May 31, 2016 (if filing their taxes by paper) or June 30, 2016 (if filing electronically).